Arcimoto, Inc.
Arcimoto, Inc. designs, develops, manufactures, sells, and rents three-wheeled electric vehicles in the United States. Its flagship product is the Fun Utility Vehicle (FUV) use for everyday consumer trips. The company also provides Deliverator, an electric last-mile delivery and general fleet utility; TRiO, a bolt on kit that converts a two wheeled motorcycle into a tilting three wheeled motorcyc… Read more
Arcimoto, Inc. (FUVV) - Net Assets
Latest net assets as of September 2023: $11.46 Million USD
Based on the latest financial reports, Arcimoto, Inc. (FUVV) has net assets worth $11.46 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($50.07 Million) and total liabilities ($38.61 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.46 Million |
| % of Total Assets | 22.89% |
| Annual Growth Rate | 60.32% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 256.04 |
Arcimoto, Inc. - Net Assets Trend (2019–2022)
This chart illustrates how Arcimoto, Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Arcimoto, Inc. (2019–2022)
The table below shows the annual net assets of Arcimoto, Inc. from 2019 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $31.37 Million | -41.42% |
| 2021-12-31 | $53.55 Million | +12.30% |
| 2020-12-31 | $47.68 Million | +526.59% |
| 2019-12-31 | $7.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arcimoto, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 12856363800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $198.24 Million | 632.02% |
| Total Equity | $31.37 Million | 100.00% |
Arcimoto, Inc. Competitors by Market Cap
The table below lists competitors of Arcimoto, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reabold Resources Plc
LSE:RBD
|
$1.12K |
|
UAV Corp
PINK:UMAV
|
$1.12K |
|
Cirtek Holdings Philippines Corp Preferred
PSE:TCB2D
|
$1.12K |
|
PRIMETIME PROPERTY HOLDINGS LIMITED
XBOT:PTPH-EQU
|
$1.12K |
|
EBIQUITY PLC LS-25
F:YO4
|
$1.12K |
|
National Waste Management Holdings Inc
PINK:NWMH
|
$1.11K |
|
MindArk PE AB
ST:MNDRK
|
$1.11K |
|
Grit Metals Corp
V:FIN
|
$1.11K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arcimoto, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 53,548,288 to 31,365,945, a change of -22,182,343 (-41.4%).
- Net loss of 62,879,398 reduced equity.
- New share issuances of 28,209,492 increased equity.
- Other factors increased equity by 12,487,563.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-62.88 Million | -200.47% |
| Share Issuances | $28.21 Million | +89.94% |
| Other Changes | $12.49 Million | +39.81% |
| Total Change | $- | -41.42% |
Book Value vs Market Value Analysis
This analysis compares Arcimoto, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $6.23 | $0.00 | x |
| 2020-12-31 | $27.90 | $0.00 | x |
| 2021-12-31 | $28.45 | $0.00 | x |
| 2022-12-31 | $9.77 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arcimoto, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -200.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -958.89%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.80x
- Recent ROE (-200.47%) is below the historical average (-132.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -201.60% | -1553.04% | 0.06x | 2.16x | $-16.10 Million |
| 2020 | -38.00% | -832.63% | 0.04x | 1.12x | $-22.89 Million |
| 2021 | -88.82% | -1084.39% | 0.07x | 1.20x | $-52.92 Million |
| 2022 | -200.47% | -958.89% | 0.12x | 1.80x | $-66.02 Million |
Industry Comparison
This section compares Arcimoto, Inc.'s net assets metrics with peer companies in the Recreational Vehicles industry.
Industry Context
- Industry: Recreational Vehicles
- Average net assets among peers: $132,606,330
- Average return on equity (ROE) among peers: -14.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arcimoto, Inc. (FUVV) | $11.46 Million | -201.60% | 3.37x | $1.12K |
| Alternet Systems Inc (ALYI) | $-168.02K | 0.00% | 0.00x | $74.94K |
| Brunswick Corporation (BC) | $1.10 Billion | 7.12% | 2.09x | $4.64 Billion |
| Bénéteau S.A (BTEAF) | $644.12 Million | 7.68% | 1.17x | $279.12 Million |
| Ev Dynamics (Holdings) Limited (CHDHF) | $21.54 Million | -64.69% | 0.65x | $2.95 Million |
| Curtiss Motorcycles Company Inc (CMOT) | $-1.30 Million | 0.00% | 0.00x | $411.06K |
| BRP Inc (DOOO) | $-474.90 Million | 0.00% | 0.00x | $2.73 Billion |
| Evil Empire Designs Inc. (EVVL) | $-119.34K | 0.00% | 0.00x | $5.82K |
| EZGO Technologies Ltd (EZGO) | $33.54 Million | -19.27% | 0.42x | $263.57K |
| Folkup Development Inc (FLDI) | $2.16K | -39.02% | 0.41x | $4.00 Million |
| Forza X1 Inc (FRZA) | $1.54 Million | -34.59% | 0.45x | $1.73 Million |